Tag: Why Government Will Continue To Borrow To Fund Budget – DMO

  • Why Government Will Continue To Borrow To Fund Budget – DMO

    Why Government Will Continue To Borrow To Fund Budget – DMO

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    by

    Olumide Akinrinlola
    in

        The Debt Management Office (DMO) has raised alarm, warning the House of Representatives Committee on Appropriation that the government will be forced to continue borrowing to fund annual budgets unless revenue-generating agencies significantly improve their contributions to the treasury. This disclosure came as the committee rejected the proposed revenue projections for Government Owned…